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Tescos drop a Pin
From 14 th February, most shops and petrol stations will not accept
Brokers Online offers cutting edge articles and information about Life Insurance, health insurance and loans.
Tesco clients buying at their check-outs and petrol stations can ( medical insurance ) spend up to £60, simply by swiping their debit and credit cards through an old fashioned card reader. Pins and signatures will not be required. (mortgage quotations) This means that the criminal fraternity can continue to use cloned or stolen cards up ( secured loans ) to and beyond the 14 th February deadline. A spokesman for Tescos said " we see low levels of fraud in these areas and if someone uses a card which has ( personal loans ) been notified as stolen, it will be rejected".
Click here for part 2 (life assurance) |
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